Cedar Realty Trust launches $9.5M tender offer for Series B & C preferred stock

CEDAR REALTY TRUST, INC.

Offers to buy up to $9.5M aggregate of Series B (up to 535,211 shares at $17.75/sh) and Series C (up to 584,615 shares at $16.25/sh) preferred stock.
Offers commence Feb 21, 2025, expire March 21, 2025; payment in cash, less withholding taxes.
Series C tenders accepted first; if oversubscribed, prorated up to cap; no minimum tender condition.
Company intends to fund repurchases with available cash; no financing contingency.
Board authorized offers but makes no recommendation; Georgeson LLC is information agent.

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